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4 Critical Tips When Purchasing Foreclosure Real Estate

Buying a foreclosed property in Solana Beach and the surrounding area can be different than buying other types of real estate. In many cases you will be able to get a fantastic deal on a home, but you will need to go through quite a bit of work and negotiation. Here are four tips to help you navigate the foreclosure buying process: Find the right real estate agent The first thing to keep in mind is that your real estate broker will deal directly with the bank that owns the foreclosed property. The bank has the final say in whether…
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Surprisingly Strong Jobs Report May Affect Mortgage Rates

Last week's jobs report -- a combination of the Department of Labor's Non-farm Payrolls Report and Unemployment Rate -- provided investors and job seekers with unexpected good news. Job growth for February handily exceeded most economists expectations of 160,000 by adding 236,000 new jobs. According to the Bureau of Labor Statistics, employment increased in business and professional services, construction and healthcare: Business and professional services added 73,000 jobs Construction added 48,000 jobs. Of these, 17,000 jobs were for residential construction. Healthcare added 32,000 jobs Since September, construction employment has risen by 151,000. This increase in construction jobs may point to…
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3 Top Tips To Selecting The Right Home For Your Family

Whether you are moving to a new house with children or you are buying your first Solana Beach home with the intention of raising future little ones there, many factors will come into play when making your decision. You will want to find a house with the right size and layout, that has a suitable number of bedrooms and bathrooms, is in an excellent neighborhood and has all of the local amenities your family will need. Here are three important factors to consider during your new home search: Location Take a look at the area where the property is located.…
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What’s Ahead For Mortgage Rates This Week: March 11th, 2013

Mortgage rates and the major stock market indices rose last week in response to a strong jobs report and lower national unemployment rate. The Department of Labor's Non-farm Payrolls report for February surpassed expectations with 236,000 new jobs reported against expectations of 170,000 new jobs expected by Wall Street. This stronger than expected showing in jobs numbers points to a stronger economy and may lead to less pressure to hold mortgage interest rates lower. The Dow Jones Index also reached record levels last week. This strong stock market performance is to be expected with better than expected employment reports. February's…
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